Discover and read the best of Twitter Threads about #renationalisation

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I see John #McDonnell in Sunday Times repeating claim that #renationalisation of water etc will have no net cost because gov't will be acquiring an asset to offset increase in debt. This isn't completely daft, but (you knew they'd be a but)... (1/2)
... it assumes i) renationalised assets keep their value (would they, if water is run by the GMB?), and ii) there is no other collateral damage (John McDonnell's plan to pay far less than market value would hit investor confidence hard). (2/2)
Ps. more on #water specifically here...
julianhjessop.com/2019/06/22/sho…
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